With the rebounding of Shiba Inu (CRYPTO: SHIB) prices, Ethereum (CRYPTO: ETHER) whales appear to be making major investments in the meme crypto.
In the last two days, Shiba Inu has increased almost 25 percent, from $0.00002076 to $0.00002594.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Whales are moving funds rapidly because of the ongoing Russia-Ukraine fiasco.
Shiba Inu is in the list of top ten crypto assets that Ethereum whales are eager to purchase.
Top 10 purchased tokens by 1000 biggest #ETH whales over the last 24hrs
— WhaleStats - BabyWhale ($BBW) (@WhaleStats) February 26, 2022
$ETH
$USDC
$FRAX
$BUSD
$USDT
$SHIB
$BAT
$MANA
$FTT
$GRT
Whale leaderboard: https://t.co/28TDZ6JFiD pic.twitter.com/V4R9LaTneg
According to the WhaleStats data, two major Ethereum whales have purchased 105.7 billion Shiba Inu tokens.
WhaleStats report an Ethereum whale named “Light” made a big addition to their holdings.
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
ETH whale "Light" just bought 49,998,916,299 $shib ($1,211,473 USD).
— WhaleStats - BabyWhale ($BBW) (@WhaleStats) February 25, 2022
Ranked #1 on WhaleStats: https://t.co/g2Ri3NWSgL
Transaction: https://t.co/JZSXYtuEEv#SHIB #ShibArmy
The wallet now holds a total of $887,617,540 worth of SHIB, which is 12.6 percent of its crypto portfolio.
The second investor has acquired even more SHIB than “Light,” according to WhaleStats.
An ETH whale just bought 55,802,919,158 $shib ($1,373,867 USD).
— WhaleStats - BabyWhale ($BBW) (@WhaleStats) February 25, 2022
Ranked #12 on WhaleStats: https://t.co/3ADbDHvWPW
Transaction: https://t.co/ThXG5wXZsq#SHIB #ShibArmy
Shiba Inu is trading at $0.00002464 on Saturday, up 0.74% in the past 24 hours.
Also Read: Shiba Inu To Launch Its Own Token Burn Portal
Photo: Courtesy of Diverse Stock Photos on Flickr